Xeneta market forecast 2023: Forecasts falls in freight rates, volumes and demand as storm clouds gather for 2023
After over two years of rising rates and overstretched capacity, the rapidly cooling ocean freight market looks set for an “extremely challenging” 2023, according to…
Silk Way West Airlines orders GE Aerospace engines to power its fleet
Silk Way West Airlines has signed an order with GE Aerospace for a total of 16 GE9X and GE90 engines to power its new fleet…
Turkish Cargo selects cargo.one to help fuel its global growth ambitions
• Partnership with leading managed marketplace will boost airline’s digital footprint and sales from freight forwarders in all corners of the world • cargo.one comprises…
Atlas Air takes delivery of new Boeing 747-8 freighter
Aircraft is first of two 747-8Fs placed under long-term agreement with Kuehne+Nagel
DHL Global Forwarding and Air France KLM Martinair Cargo further expand sustainability cooperation
At the Netherland-America Foundation's (NAF) prestigious annual ball on Friday, 18 November in New York, Air France KLM Martinair Cargo (AFKLMP Cargo) presented its Sustainability…
WorldACD Air cargo trends for the past 5 weeks (wk 45):
Weak demand continues into November
Air Canada announces Bolloré Logistics as first cargo customer to join Leave Less Travel Program
Air Canada announced today that Bolloré Logistics has become the first Air Canada Cargo customer to join the Leave Less Travel Program, which offers corporate…
FedEx Freight unit furloughs workers as cargo demand slows
FedEx Corp.’s freight unit is putting workers on furlough in some US markets, adding to mounting evidence of a cargo slowdown as the company joins…
IAG Cargo expands Asia-Pacific capacity with restart between London and Tokyo
IAG Cargo expands Asia-Pacific capacity with restart between London and Tokyo
WorldACD Air cargo trends for the past 5 weeks (wk 44):
Further global weakening of air cargo tonnages and rates
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